call for collaboration amongst EAEU members on transport systems, customs transit, and digital marketplaces initiated by Mikhail Mishustin
Get ready for smoother transportation and streamlined customs processes across the Eurasian Economic Union (EAEU)!
The prime minister recently announced a push for closer collaboration in the transport sector, focusing on building a single transport system for the EAEU that benefits all member states and the Eurasian region as a whole.
He emphasized that the cooperation in creating a unified transport infrastructure is growing, and the development of modern Eurasian routes will ensure the stability of production and logistics chains, speed up delivery times, and simplify business activities.
"We've approved a report on joint work to modernize transport infrastructure that is part of the international corridors in the East-West and North-South directions," the prime minister reported.
To achieve this goal, the countries of the EAEU should agree on a single system of customs transit. The prime minister highlighted that last year, changes were made to the union's customs code, simplifying both online purchasing and its subsequent customs clearance. The next step is to coordinate an international agreement on a unified customs transit system, allowing other countries to join the already established union system.
According to the prime minister, this arrangement will facilitate the transportation of goods, enable the use of a common transit declaration, track cargo using navigation seals, and guarantee the payment of customs duties.
Overall, the projects being implemented are aimed at aligning legislation and deepening integration processes, benefiting both entrepreneurs and citizens.
The EAEU needs common rules for digital marketplaces and electronic commerce services, as they grow in popularity. The top priority is to improve customs regulation, particularly streamlining procedures for both sellers and buyers, using single-window, green corridor mechanisms, and electronic declaration methods.
(Did you know? The new customs transit system will include a unified electronic declaration system and navigation seals for road and rail freight, allowing for increased security and transparency in transit. In Russia, the Center for the Development of Digital Platforms and the Ministry of Transport are working together to implement this system.)
The vision is for the EAEU to become a global transit hub by connecting a network of smart, multimodal, eco-friendly corridors with a single digital administration platform. The union is also focusing on upgrading infrastructure, promoting digitalization, and integrating with the broader Eurasian region.
Additionally, there's an emphasis on developing the service sector, which already contributes half of the EAEU's GDP, through joint efforts to establish modern transport corridors and integrate the region's economies. Sustainable transport principles, such as efficiency, pollution reduction, and smart systems, are also being prioritized.
In summary, the EAEU aims to leverage digitalization, harmonized customs procedures, and sustainable, multimodal infrastructure to become a globally competitive transit hub. (See the table below for a summary of key initiatives.)
| Initiative | Description ||--------------------------------------|------------------------------------------------------------------------------------------------|| Unified Customs Transit System | Single electronic declaration, navigation seals, simplified procedures for operators || Integrated Transport Corridors | Smart, multimodal, eco-friendly, digital administration platform || Infrastructure Modernization | Upgrading infrastructure, promoting digitalization, container and multimodal transport || Economic Integration | Enhancing service sector, improving transit potential, engaging international partners |
The EAEU's focus on unified customs transit systems and integrated transport corridors, as mentioned by the prime minister, will facilitate faster transportation and streamline customs processes. To achieve this, they will implement a unified electronic declaration system and navigation seals for road and rail freight, ensuring increased security and transparency in transit. Additionally, the EAEU plans to leverage digitalization, harmonized customs procedures, and sustainable, multimodal infrastructure to enhance the service sector and become a globally competitive transit hub in the industry, contributing to the region's finance and economic growth.
